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2nd Floor - Unit 202
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Office
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2,700 SF
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$823,000 USD
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Unit Size: 2,700 SF
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Condo Use: Office
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Price: $823,000 USD
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Sale Type: Investment
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Price/SF: $304.81 USD
Description
Year built 2003 Condo Second floor Suite 202.
Sale Notes
STRONG GUARANTOR
MB2 Dental is a leading dental partnership organization with 700+ supported practices across 40 states. The company has demonstrated significant growth, adding 150 new partnerships in 2023, and secured a $2.3 billion debt facility led by KKR to support continued expansion and strategic acquisitions.
ESTABLISHED DENTAL PRACTICE
Long-standing dental practice with an established operating history, experienced clinical team and demonstrated commitment to serving the local patient base.
LONG-TERM TENANT COMMITMENT
A 10-year primary lease term demonstrates the tenant’s long-term commitment to the property and continued investment in the market.
MINIMAL LANDLORD RESPONSIBILITIES
Favorable lease structure provides limited landlord obligations, reducing ongoing management requirements and supporting a passive ownership profile.
STRONG DEMOGRAPHIC PROFILE
Jordan benefits from a rapidly growing and affluent population base, supported by strong household incomes, continued residential development and expanding consumer demand throughout the broader Salt Lake City MSA.
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Dean Copans
Stream Capital Partners